The shares of Egypt’s biggest automaker, GB Auto, had been barred from trading on the North African country, Egypt’s Stock Exchange said on Thursday.

The suspension will last until the company gives more detailed information to the market about its planned rights issue.

Earlier this week, GB Auto told Reuter it was organising a share issue to bolster its capital by $139.86 million.
At the time, Raouf Ghabbour, the CEO of GB Auto, said it was likely the capital raise would take place in April this year. Ghabbour also told Reuters GB Auto was set to inject $1.5 billion to construct two new plants.

This was described as the company’s biggest ever investment programme and a vote of confidence for the country’s political stability. Political turmoil has hammered Egypt’s economy since an uprising toppled Hosni Mubarak in 2011.

President Abdel Fattah al-Sisi this week pledged to get the economy back on track and lure back investors by creating a more business-friendly climate.

But this week Reuters, citing witnesses and sources, reported that two Egyptian policemen were shot dead by masked men on Tuesday as they stood guard at a Coptic Christian church in a city south of Cairo.

Egypt’s Coptic Christmas falls on Wednesday and security is typically tightened at churches ahead of the holiday after a string of attacks on Christian targets over the past years.